Home of Life Community Development Corporation (EIN 364259274) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1993

Legal Domicile

Phone

7736268655

Tax Period

2021-01-01 to 2021-12-31

Home of Life Community Development Corporation, founded in 1993, is a small nonprofit in the Human Services sector that reported $673K in total revenue in fiscal year 2021. Revenue fell 26% from the prior year — a significant decline worth monitoring. Expenses of $587K left a modest 13% surplus.

Mission

PROVIDE DAY CARE AND AFTER SCHOOL CARE FOR CHILDREN AND TO PROVIDE EDUCATIONAL SERVICES FOR PREPARATION FOR COLLEGE.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2021)

Revenue Breakdown

Contributions & Grants $673,179

Program Service Revenue $191

Investment Income $0

Other Revenue $0

TOTAL REVENUE $673,370

Expense Breakdown

Grants Paid $0

Salaries & Benefits $333,599

Fundraising Expenses $0

Program Expenses $499,158

Other Expenses $253,592

TOTAL EXPENSES $587,191

Year-over-Year Comparison

	2021	2020	Change
Revenue	$673,370	$909,565	-0.3%
Expenses	$587,191	$803,755	-0.3%
Net Income	$86,179	$105,810	-0.2%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

$93,920

Total Directors

$104,947

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
REVEREND JOHNNY HENDERSON	PRESIDENT	12.00	Director	$11,027	$0	$11,027
BRIAN PICKETT	VICE PRESIDENT	12.00	Director	$0	$0	$0
JOSIE WARE	TREASURER	12.00	Director	$0	$0	$0
ANGELA WILLIAMS	SECRETARY	12.00	Director	$0	$0	$0
DELORES SHEPPARD	DIRECTOR	40.00	Officer Director	$93,920	$0	$93,920

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2021	$673,370	$587,191	$1,161,934	$86,179
2020	$909,565	$803,755	$1,089,211	$105,810
2019	$532,610	$564,196	$1,039,203	$-31,586

Home of Life Community Development Corporation